By Canadian Press

Here are some facts about British Columbia’s housing market

Oct 17, 2024 | 1:02 AM

Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

The Tattle of Hastings

THE TATTLE OF HASTINGS: Mutrie looks back on 10 years

19h ago

Sound Off

SOUND OFF: How artificial intelligence can help Kamloops' construction industry

Oct 14, 2024

Sound Off

SOUND OFF: Relaunching Food and the City to address food security in Kamloops

Oct 14, 2024

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

This report by The Canadian Press was first published Oct. 17, 2024.

The Canadian Press